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Mediobanca withdraws lawsuit against ECB over MPS’s hostile takeover

By Jean Comte ( October 3, 2025, 15:21 GMT | Insight) -- Italian lender Mediobanca withdrew its lawsuit against the European Central Bank in mid-September, six days after completion of the hostile takeover by Banca Monte dei Paschi di Siena. The lawsuit, filed in early September, was a last-ditch attempt to prevent the buyout, by canceling the ECB decision that had made it possible.Mediobanca on Sept. 17 withdrew its last legal attempt to stop its hostile takeover by Banca Monte dei Paschi di Siena — MPS — a few days after the buyer succeeded to secure a majority of the target's shares, according to an order published today by the EU General Court....

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